He is just another trash spewer. The warrants were not paid for since they were stolen. He is writing them off like they were collateral and the debt was paid. Until courts impose some kind of instructions after they deem the whole thing illegal that is, not a penny has been paid back and the warrants are on top of the divi and the loan payback. What the courts have to do is call this predetory lending and call it illegal. Then they can cancel the warrants, the loan, and the dividends (NWS). But until then they are still there and will stay there. If the courts don't correct this then there is no telling what will happen. The gov might stop NWS and allow them to build capital, they may keep, cancel, or may sell the warrants, they may require to still pay off loan. There are way to many possibilities.
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